Digital Map Market 2020-2028 by Google, HERE, Micello, MiTAC International Corporation, ARC Aerial Imaging Limited, Esri, Nearmap, MAPQUEST

A recent report published by QMI on digital map market is a detailed assessment of the most important market dynamics. After carrying out thorough research of digital map market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for digital map during the forecast period. It can enable manufacturers of digital map to change their production and marketing strategies in order to envisage maximum growth.

For more information, download a sample of the premium report: https://www.quincemarketinsights.com/request-sample-49492?utm_source=VG%2FoPR

According to the report, the digital map market is projected to register high demand during the forecast period with increasing demand from major technology such as GIS, LiDAR, Aerial Photography, Digital Orthophotography, and Others during the forecast period. Digital mapping is also known as digital cartography. In the digital mapping process, the collected data is compiled and formatted in the virtual image. The basic function of digital mapping is to produce maps that provide an accurate representation of a particular area, detailing major road arteries, calculation of the distance from one place to another, and so on.

Segmentation for better understanding of this market and its growth prospects

The digital map market has been segmented on the basis of technology, usage, service, and application. Based on application, the automotive demand is expected to grow during the forecast period due to their use in the automotive industry, smartphones, and portable devices. The indoor segment can be divided into airports, retail stores, healthcare, and others.

The increasing use of geospatial information and digital maps in the automotive industry is expected to fuel the global digital map market growth. The mobile app-based software solution is also driving the market.

Important Factors Impacting Market Growth:
o Increase in the use of intelligent PDAS in portable and smart devices
o A rise in adoption of digital maps among various verticals
o Increase in the use of smartphones and internet users
o The rise in demand for 3D platforms and advanced technologies

Click here to get detailed scope of the premium report: https://www.quincemarketinsights.com/request-toc-49492?utm_source=VG%2FoPR

Insights about regional distribution of market:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

For digital map market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the digital map market.

North America and Western Europe have been one of the key regions with technological advancements in ICT, electronics & semiconductor sector. Factors like the use of advanced technology and presence of global companies to cater the potential end users are favourable for the growth of digital map market. Also, most of the leading companies have headquarters in these regions.

Inquiry Before Buying: https://www.quincemarketinsights.com/enquiry-before-buying/enquiry-before-buying-49492?utm_source=VG%2FoPR

Asia Pacific is estimated to be one of the fastest growing markets for digital map market. Major countries in the Asia Pacific region are China, Japan, South Korea, India and Australia. These economies in the APAC region are major contributors in the ICT, electronics & semiconductor sector. In addition to this, government initiatives to promote technological advancement in this region are also one of the key factors to the growth of digital map market. Middle East and rest of the World are estimated to be emerging regions for digital map market.

Companies Covered: Google Inc, Apple Inc., HERE, Micello, Inc., MiTAC International Corporation, ARC Aerial Imaging Limited, Esri, TomTom International BV, Nearmap Ltd. and MAPQUEST

Market Segmentation:
By Technology:
o GIS
o LiDAR
o Aerial Photography
o Digital Orthophotography
o Others

By Usage:
o Indoor
o Outdoor

By Service:
o Consulting
o Management
o Development

By Application:
o Automotive
o Mobile Devices
o Enterprise Solutions
o Military & Defense
o Government & Public Sector

By Region:
o North America
o By Country (US, Canada, Mexico)
o By Technology
o By Usage
o By Service
o By Application
o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Technology
o By Usage
o By Service
o By Application
o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Technology
o By Usage
o By Service
o By Application
o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Technology
o By Usage
o By Service
o By Application
o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Technology
o By Usage
o By Service
o By Application
o Rest of the World
o By Region (South America, Africa)
o By Technology
o By Usage
o By Service
o By Application

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: India +91 9850603687
US +1 208 405 2835
UK +44 121 364 6144
APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

This release was published on openPR.